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Australian (ASX) Gold Industry Analysis

UpdatedSep 16, 2025
DataAggregated Company Financials
Companies151
  • 7D3.6%
  • 3M13.5%
  • 1Y69.8%
  • YTDn/a

The Gold industry is up 3.6% in the last week, with Northern Star Resources up 3.4%. During this same period, the Ora Banda Mining underperformed, falling 14%. In the last 12 months, the industry was up 70%. As for the next few years, earnings are expected to grow by 14% per annum.

Industry Valuation and Performance

Has the Australian Gold Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 16 Sep 2025AU$126.2bAU$26.8bAU$4.8b18x26.1x4.7x
Thu, 14 Aug 2025AU$104.1bAU$22.8bAU$3.4b18.2x30.4x4.6x
Sat, 12 Jul 2025AU$98.0bAU$22.2bAU$3.1b18.3x31.7x4.4x
Mon, 09 Jun 2025AU$107.7bAU$22.3bAU$3.1b21.4x34.9x4.8x
Wed, 07 May 2025AU$95.6bAU$22.1bAU$3.0b17.2x31.7x4.3x
Fri, 04 Apr 2025AU$85.9bAU$22.2bAU$3.0b17.2x28.2x3.9x
Sun, 02 Mar 2025AU$76.4bAU$22.0bAU$3.0b17.8x25.9x3.5x
Tue, 28 Jan 2025AU$77.7bAU$18.6bAU$1.8b20.1x42.6x4.2x
Thu, 26 Dec 2024AU$69.5bAU$18.7bAU$1.8b21.3x37.6x3.7x
Sat, 23 Nov 2024AU$74.0bAU$18.6bAU$1.8b20x41x4x
Mon, 21 Oct 2024AU$75.4bAU$18.4bAU$1.8b22.7x42.1x4.1x
Wed, 18 Sep 2024AU$66.8bAU$18.3bAU$1.6b23.2x40.8x3.7x
Fri, 16 Aug 2024AU$61.6bAU$16.8bAU$1.4b21.5x45.2x3.7x
Sun, 14 Jul 2024AU$61.0bAU$16.0bAU$1.1b23.5x57x3.8x
Tue, 11 Jun 2024AU$60.3bAU$16.9bAU$1.2b22.1x50.9x3.6x
Thu, 09 May 2024AU$58.1bAU$17.1bAU$1.2b20.7x48.8x3.4x
Sat, 06 Apr 2024AU$57.8bAU$17.1bAU$1.2b19.9x48.6x3.4x
Mon, 04 Mar 2024AU$48.6bAU$16.5bAU$1.2b15.8x41.6x3x
Wed, 31 Jan 2024AU$73.0bAU$22.9bAU$1.3b20.9x54.4x3.2x
Fri, 29 Dec 2023AU$77.4bAU$22.9bAU$1.3b26.8x57.6x3.4x
Sun, 26 Nov 2023AU$70.9bAU$22.9bAU$1.4b21.4x52.5x3.1x
Tue, 24 Oct 2023AU$71.2bAU$23.1bAU$1.4b23.8x51.7x3.1x
Thu, 21 Sep 2023AU$70.6bAU$22.8bAU$1.3b19.8x52.6x3.1x
Sat, 19 Aug 2023AU$65.7bAU$22.4bAU$292.5m17x224.6x2.9x
Mon, 17 Jul 2023AU$75.2bAU$22.1bAU$519.9m17.6x144.7x3.4x
Wed, 14 Jun 2023AU$69.9bAU$22.2bAU$557.4m17.3x125.4x3.1x
Fri, 12 May 2023AU$75.7bAU$22.2bAU$566.0m19.4x133.8x3.4x
Sun, 09 Apr 2023AU$74.4bAU$22.3bAU$571.2m17.1x130.2x3.3x
Tue, 07 Mar 2023AU$63.4bAU$22.3bAU$597.6m17.6x106.2x2.8x
Thu, 02 Feb 2023AU$66.2bAU$20.6bAU$1.1b18.9x58.7x3.2x
Sat, 31 Dec 2022AU$61.4bAU$20.9bAU$1.2b18.1x52.3x2.9x
Mon, 28 Nov 2022AU$60.0bAU$21.0bAU$1.2b15.5x50.1x2.9x
Wed, 26 Oct 2022AU$49.7bAU$21.5bAU$1.3b13.9x38.9x2.3x
Fri, 23 Sep 2022AU$48.0bAU$20.9bAU$1.5b10.7x32.7x2.3x
Price to Earnings Ratio

32.7x


Total Market Cap: AU$48.0bTotal Earnings: AU$1.5bTotal Revenue: AU$20.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Gold Industry Price to Earnings3Y Average 63.9x202320242025
Current Industry PE
  • Investors are pessimistic on the Australian Gold industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 26.1x which is lower than its 3-year average PE of 63.9x.
  • The 3-year average PS ratio of 3.5x is lower than the industry's current PS ratio of 4.7x.
Past Earnings Growth
  • The earnings for companies in the Gold industry have grown 49% per year over the last three years.
  • Revenues for these companies have grown 8.7% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Australian Gold compare with similar industries?

AU Market0.014%
Materials-0.37%
Metals and Mining-0.27%
Gold3.61%
Silver6.02%
Aluminum5.74%
Precious Metals and Minerals5.30%
Copper1.85%
Steel0.077%
Diversified Metals and Mining-2.05%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
NST Northern Star ResourcesAU$20.913.4%
+AU$985.7m
32.4%PE22.3x
EVN Evolution MiningAU$9.433.4%
+AU$624.3m
113.8%PE20.5x
RRL Regis ResourcesAU$5.629.3%
+AU$363.5m
189.7%PE16.7x
GMD Genesis MineralsAU$5.595.7%
+AU$339.8m
164.9%PE28.6x
RMS Ramelius ResourcesAU$3.594.4%
+AU$287.2m
65.4%PE14.5x

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